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Gold/Mining/Energy : Minefinders, MFL
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To: Dan P who wrote (269)6/24/2001 2:15:31 PM
From: baystock  Read Replies (1) of 578
 
I was not trying to imply that they want to take Dolores into full production on their own. A 400K mine will attract interest from the big mining companies, whereas a 240K mine will not. And the big mining companies can afford to do a buyout for a better price because their shares are selling at a premium compared to the mid size companies and they are able to borrow large amounts of money on attractive terms.
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